1978 - PBM Polytex Limited

PBM POLYTEX LIMITED (PBM) was incorporated on the 24th November 1919 under the name and style of 'The Petlad Bulakhidas Mills Co. Ltd.'. The management of the Company was taken over by ‘The House of Patodia’s in 1978 and the name of the Company was changed to PBM POLYTEX LTD. The Company obtained fresh certificate incorporation from the Registrar of Companies, Gujarat at Ahmedabad on the 20th October 1986 consequent to the change in name.

Subsequent to the takeover, extensive modernization of the mills was effected. Company’s factory building were repaired and additional buildings constructed. Plant & Machinery were gradually replaced with latest machinery through fifteen major modernization program during the past twenty years.